2007-02-22

surprises to no one

Whole Foods would pay $565 million, or $18.50 a share, for Wild Oats, a 23 percent premium over the average share price the last month. The company would also assume $106 million of debt. Shares of Whole Foods jumped as much as $2.24 in after-hours trading to as high as $47.94

Also:

Wednesday night, in a short, ambiguously worded statement, the companies said they would dismiss all legal action against each other regarding the trademark and that Apple could use the name [iPhone] for its device, which it plans to start selling in June.

Jobs wouldn't have walked out there and called it the iPhone if he weren't damn sure he could get away with it. Expect AirPort hardware to be made by cisco (or its consumer brand Linksys) if it isn't already.